Hyster-Yale Materials Handling, Inc. Announces Retirement Of Michael P. Brogan
And Promotion Of Colin Wilson
PR Newswire
CLEVELAND, June 30, 2014
CLEVELAND, June 30, 2014 /PRNewswire/ --The Boards of Directors of
Hyster-Yale Materials Handling, Inc. (NYSE: HY)and NACCO Materials Handling
Group, Inc. ("NMHG"), Hyster-Yale's wholly-owned subsidiary, announced today
that Michael P. Brogan will retire as Vice Chairman and Chief Executive
Officer of NMHG and as Vice Chairman and Chief Executive Officer, NMHG of
Hyster-Yale, effective August 31, 2014. Mr. Brogan has given 31 years of
dedicated service to NMHG. He has been instrumental in ensuring that NMHG has
the right products at competitive costs and quality that properly meet the
needs of NMHG's customers. Mr. Brogan leaves Hyster-Yale as a strong newly
independent public company, with five key strategic initiatives in place to
advance the prospects of Hyster-Yale in the future.
Effective September 1, 2014, Colin Wilson will become President and Chief
Executive Officer of NMHG and President and Chief Executive Officer, NMHG of
Hyster-Yale. Mr. Wilson has over 25 years of experience with NMHG, most
recently as President and Chief Operating Officer and President, Americas. In
these positions with NMHG, Mr. Wilson has been primarily focused on the
globalization of NMHG's sales and marketing processes and programs and
ensuring sound results from the Americas' businesses.
About Hyster-Yale Materials Handling, Inc.
Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio,
through its wholly-owned operating subsidiary, NACCO Materials Handling Group,
Inc., designs, engineers, manufactures, sells and services a comprehensive
line of lift trucks and aftermarket parts marketed globally under the Hyster^®
and Yale^® brand names. For more information about Hyster-Yale Materials
Handling, Inc. or NACCO Materials Handling Group, Inc., visit the Company's
website at www.hyster-yale.com.
SOURCE Hyster-Yale Materials Handling, Inc.
Website: http://www.hyster-yale.com
Contact: Christina Kmetko, (440) 229-5168